Manhattan Associates is a supply chain and omnichannel commerce technology company.
Key figures
Data as of Jun 2026 · Pills compare vs Mar 2026Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data. Market cap & ARR multiple use the close of 13 Oct 2026; their pills compare vs the Jun 2026 quarter-end (6.8x).
Valuation by quarter
Calculated valuation
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From the AI Risk Calculator modelStructural moats (regulation, integration depth, or proprietary data) make AI-only replacement unlikely in the near term.
Company overview
Manhattan Associates is a supply chain and omnichannel commerce technology company. It provides a cloud-native platform that optimizes inventory, warehouse operations, transportation, and customer order management for retailers, manufacturers, distributors, and logistics providers worldwide. Founded in 1990 in Atlanta, Georgia, Manhattan evolved from a warehouse management specialist into a comprehensive supply chain and commerce optimization platform.
Manhattan Active is the flagship. It's a cloud-native, microservices-based platform that includes Warehouse Management, Transportation Management, Omni (order management and store fulfillment), and Supply Chain Planning. Built on Google Cloud, Manhattan Active is versionless. Every customer runs the latest version at all times. That eliminates the expensive upgrade cycles that plague traditional supply chain software.
Manhattan Active WM is the market leader in warehouse management. It optimizes labor planning, slotting, wave management, pick-pack-ship, and yard management using advanced algorithms and machine learning. Manhattan Active Omni handles enterprise order management with real-time inventory visibility across stores, warehouses, and suppliers. Buy-online-pickup-in-store, ship-from-store, and unified customer service are all included.
About 1,200 customers use the platform globally. The world's largest retailers, grocery chains, manufacturers, and third-party logistics providers are among them. Annual revenue is roughly $1.1 billion. Cloud subscription revenue grows quickly. Recurring revenue exceeds 50% of total. Operating margins run above 24%, some of the highest in enterprise software. About 4,400 employees work across the Americas, Europe, and Asia-Pacific.
Entity information
SaaS KPIs
Reported in at least 3 quartersRemaining Performance Obligations
RPO Growth (YoY)
Adjusted Operating Income
Cloud Subscription Revenue
Remaining Performance Obligations (RPO)
Cloud Subscription Revenue Growth
Guidance
Q2 FY2026 earnings report →Management outlook
Quarterly financials
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